Friday, September 29, 2006
US Recession Inevitable
US Economy Recession
- A recession and a bear market in asset prices are inevitable for the US economy. Recent economic data leave no doubt that both are on their way. What keeps triggering rebounds in US stocks is only the "bad news is good news" syndrome, reflecting the hope that economic weakness will stop the Fed's rate hikes. Dr Kurt Richebcher Fri 29 Sep, 2006
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